Biden Should Cut Off the Gas Revenues That Fund Myanmar’s Junta

He should cut off the gas revenues that fund Myanmar’s junta.

#aung-san-suu-kyi, #biden-joseph-r-jr, #chevron-corporation, #coups-detat-and-attempted-coups-detat, #defense-and-military-forces, #embargoes-and-sanctions, #far-east-south-and-southeast-asia-and-pacific-areas, #min-aung-hlaing, #myanmar, #rohingya-ethnic-group, #tatmadaw-myanmar, #total-sa, #war-crimes-genocide-and-crimes-against-humanity

Biden slaps oil companies for profiteering at the pump.

In a letter to seven large energy firms, the president said excessive margins were “worsening that pain” for American consumers.

#biden-joseph-r-jr, #bp-plc, #chevron-corporation, #exxon-mobil-corp, #marathon-petroleum-corporation, #oil-petroleum-and-gasoline, #phillips-66, #prices-fares-fees-and-rates, #shell-plc, #valero-energy-corporation

Oil Giants Sell Dirty Wells to Buyers With Looser Climate Goals, Study Finds

The transactions can help major oil and gas companies clean up their own production by transferring polluting assets to a different firm, the analysis said.

#chevron-corporation, #eni-spa, #environmental-defense-fund, #exxon-mobil-corp, #global-warming, #greenhouse-gas-emissions, #mergers-acquisitions-and-divestitures, #oil-petroleum-and-gasoline, #pertamina, #royal-dutch-shell-plc

Citing a Chevron Tanker, Ukraine Seeks Tougher Restrictions at Russian Ports

A top Ukrainian official criticized companies in the United States and Greece for helping Russia continue to profit from oil despite its attack on Ukraine.

#chevron-corporation, #embargoes-and-sanctions, #global-warming, #greenhouse-gas-emissions, #oil-petroleum-and-gasoline, #russia, #russian-invasion-of-ukraine-2022

Say Hello Again to the Office, Fingers Crossed

Antsy executives have a message for their employees: Plans to return to in-person work are real this time.

#american-express-company, #bank-of-new-york-mellon-corporation, #chevron-corporation, #coronavirus-reopenings, #coronavirus-return-to-office, #express-employment-professionals, #goldman-sachs-group-inc, #google-inc, #gorman-james-p, #intuit-inc, #jefferies-group-inc, #jpmorgan-chasecompany, #meta-platforms-inc, #microsoft-corp, #midtown-area-manhattan-ny, #morgan-stanley, #partnership-for-new-york-city, #quarantine-life-and-culture, #real-estate-commercial, #telecommuting, #workplace-environment, #wylde-kathryn-s

How the Kazakhstan Protests Started and Why They Matter

As protests in the oil-rich Central Asian country gain momentum, the events threaten to reverberate across the region.

#almaty-kazakhstan, #chevron-corporation, #corruption-institutional, #demonstrations-protests-and-riots, #exxon-mobil-corp, #kazakhs-ethnic-group, #kazakhstan

An Environmental Hero or Outlaw? Can It Be Both?

Steven Donziger, who won a $9.5 billion settlement against Chevron over dumped oil, began serving a six-month sentence for contempt of court last week.

#chevron-corporation, #donziger-steven-r, #saturdaynewsletter

Oil Executives Begin Testimony on Industry’s Role in Climate Disinformation

In a historic hearing, the leaders of some of the most powerful energy companies in the world are appearing before a House panel to face questioning on climate change.

#american-petroleum-institute, #bp-plc, #chevron-corporation, #energy-and-power, #exxon-mobil-corp, #global-warming, #greenhouse-gas-emissions, #house-of-representatives, #oil-petroleum-and-gasoline, #royal-dutch-shell-plc, #rumors-and-misinformation, #united-states-politics-and-government

Lawyer Who Won $9.5 Billion Settlement Against Chevron Reports to Prison

Steven Donziger, an environmental activist who won what is considered the largest ever lawsuit against an oil company, was found guilty of contempt of court in July.

#chevron-corporation, #donziger-steven-r, #ecuador, #environment, #indigenous-people

Oil Executives to Face Congress on Climate Disinformation

The heads of Exxon Mobil, Shell, Chevron and BP will testify Thursday in the first congressional inquiry into industry efforts to hinder action on climate change.

#bp-plc, #chevron-corporation, #exxon-mobil-corp, #global-warming, #greenhouse-gas-emissions, #lobbying-and-lobbyists, #oil-petroleum-and-gasoline, #royal-dutch-shell-plc, #united-states-politics-and-government

At McKinsey, Widespread Furor Over Work With Planet’s Biggest Polluters

A letter signed by more than 1,100 employees has called for change at the consulting firm, which has advised at least 43 of the 100 most environmentally damaging companies.

#air-pollution, #boston-consulting-group, #bp-plc, #chevron-corporation, #coal, #exxon-mobil-corp, #gazprom, #global-warming, #greenhouse-gas-emissions, #mckinseyco, #oil-petroleum-and-gasoline, #royal-dutch-shell-plc, #saudi-aramco, #teck-resources-ltd, #texaco-inc, #united-nations

Exxon, Chevron, BP and Others Called to Testify on Climate Disinformation

Executives from Exxon, Shell, BP and others are being called to testify in Congress next month after a secret recording this year exposed an Exxon official boasting of such efforts.

#american-petroleum-institute, #bp-plc, #chevron-corporation, #exxon-mobil-corp, #global-warming, #greenhouse-gas-emissions, #house-committee-on-oversight-and-government-reform, #manchin-joe-iii, #oil-petroleum-and-gasoline, #royal-dutch-shell-plc, #rumors-and-misinformation, #united-states-chamber-of-commerce, #united-states-politics-and-government

Goldman Sachs Mandates Vaccines for Its Workers and Visitors

The bank’s announcement comes after the Food and Drug Administration gave full approval for the Pfizer-BioNTech coronavirus shots.

#business-roundtable, #chevron-corporation, #coronavirus-2019-ncov, #cvs-caremark-corporation, #disney-walt-world-lake-buena-vista-fla, #vaccination-and-immunization

Activists Crashed Exxon’s Board, but Forcing Change Will Be Hard

The tension between climate goals and lifting Exxon Mobil’s profits could make it difficult for activists to make progress.

#alternative-and-renewable-energy, #boards-of-directors, #carbon-capture-and-sequestration, #carbon-dioxide, #chevron-corporation, #executives-and-management-theory, #exxon-mobil-corp, #fink-laurence-d, #global-warming, #greenhouse-gas-emissions, #oil-petroleum-and-gasoline, #stocks-and-bonds, #woods-darren-w-1965

Chevron Lobbies to Head Off New Sanctions on Myanmar

The oil company is arguing against efforts to restrict its involvement in a gas operation in Myanmar that provides funding for the junta there.

#andrews-thomas-h, #biden-joseph-r-jr, #blinken-antony-j, #chevron-corporation, #coups-detat-and-attempted-coups-detat, #lobbying-and-lobbyists, #merkley-jeffrey-a-1956, #myanmar, #oil-petroleum-and-gasoline, #state-department, #total-sa, #treasury-department, #united-states-international-relations

As Oil Prices Rise, Executives Aim to Keep Them High

An industry known for boom-bust cycles is resisting the temptation to pump more oil — for now.

#american-rescue-plan-2021, #biden-joseph-r-jr, #chevron-corporation, #conocophillips, #coronavirus-2019-ncov, #drilling-and-boring, #international-relations, #international-trade-and-world-market, #oil-petroleum-and-gasoline, #organization-of-the-petroleum-exporting-countries, #persian-gulf, #pioneer-natural-resources-company, #prices-fares-fees-and-rates, #production, #russia, #saudi-arabia, #shale, #stocks-and-bonds, #texas, #united-states-economy, #wirth-michael-k

Oil Industry Turns to Mergers and Acquisitions to Survive

With the price of a barrel stuck around $40 and no recovery in sight, companies are combining to cut costs and ride out the pandemic.

#chevron-corporation, #concho-resources-inc, #conocophillips, #coronavirus-2019-ncov, #devon-energy-corporation, #layoffs-and-job-reductions, #mergers-acquisitions-and-divestitures, #natural-gas, #noble-energy-inc, #oil-petroleum-and-gasoline, #permian-basin-north-america, #prices-fares-fees-and-rates, #shale, #stocks-and-bonds, #texas, #wpx-energy-inc

Chevron’s Purchase Could Unlock Israel’s Natural Gas Bonanza

The oil giant’s takeover of Noble Energy gives it a foothold in an emerging energy hot spot: the eastern Mediterranean Sea.

#chevron-corporation, #delek-drilling-lp, #international-trade-and-world-market, #israel, #mediterranean-sea, #mergers-acquisitions-and-divestitures, #natural-gas, #noble-energy-inc, #oil-petroleum-and-gasoline, #turkey, #wirth-michael-k

U.S. and European Oil Giants Go Different Ways on Climate Change

While BP and other European companies invest billions in renewable energy, Exxon and Chevron are committed to fossil fuels and betting on moonshots.

#alternative-and-renewable-energy, #bp-plc, #carbon-capture-and-sequestration, #carbon-dioxide, #chevron-corporation, #exxon-mobil-corp, #global-warming, #greenhouse-gas-emissions, #hydrocarbons, #natural-gas, #oil-petroleum-and-gasoline

Chevron Deal for Oil and Gas Fields May Set Off New Wave of Mergers

With a $5 billion play for Noble Energy, the oil giant is set to acquire properties around the world for a relative bargain. Other companies might make similar moves.

#chevron-corporation, #company-reports, #coronavirus-2019-ncov, #mergers-acquisitions-and-divestitures, #natural-gas, #noble-energy-inc, #oil-petroleum-and-gasoline, #prices-fares-fees-and-rates, #shale, #stocks-and-bonds, #wirth-michael-k

Stocks Are Rising as Economic News Worsens

Trillions in stimulus dollars have convinced Wall Street that the government has its back, and investors are seizing on even glimmers of good news about the pandemic.

#amazon-com-inc, #apple-inc, #chevron-corporation, #commerce-department, #coronavirus-2019-ncov, #coronavirus-aid-relief-and-economic-security-act-2020, #exxon-mobil-corp, #federal-reserve-system, #gross-domestic-product, #interest-rates, #recession-and-depression, #remdesivir-drug, #sp-dow-jones-indices, #standardpoors-500-stock-index, #stimulus-economic, #stocks-and-bonds, #united-states, #united-states-economy